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Monetary policy

Signals from Fed

The decision to leave interest rates unchanged and the subsequent remarks from Fed Chairman Jerome Powell have sparked a sea change in market sentiment.

RBI at crossroads

Reserve Bank of India’s six-member Monetary Policy Committee decision to keep the repo rate unchanged at four per cent is a step in the right direction, especially when it is borne in mind that inflation is now on the rise.

Rate Cuts

In fact, markets were hoping for measures from the Reserve Bank that could solve the crisis in the banking and financial sectors; but the announcement of extension of moratorium further dented the sentiment.